Canadian GDP Fell 0.6% in May

Wildfires, sharp decline in manufacturing output weighed on growth

OTTAWA—The Canadian economy recorded its largest monthly contraction in more than seven years in May after wildfires forced a halt to some oil-sands operations in Alberta.

Canada’s gross domestic product, or the broadest measure of goods and services produced in an economy, declined 0.6% in May to 1.65 trillion Canadian dollars ($1.25 trillion), Statistics Canada said Friday. Market expectations were for a 0.5% decline, according to economists at Royal Bank of Canada.